Global Automotives Handwheel Actuator Market Growth 2024-2030
Steering wheel actuator: Mainly composed of steering wheel, steering column, reducer, TAS sensor, and redundant electronic control unit. Its main function is to obtain the driver's intention and send the driver's desired steering wheel angle signal to the front wheel actuator ( RWA), and at the same time simulates the road feedback force of the vehicle based on the rack force fed back by the front wheel actuator, providing the driver with road feel feedback information.
The global Automotives Handwheel Actuator market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Automotives Handwheel Actuator Industry Forecast” looks at past sales and reviews total world Automotives Handwheel Actuator sales in 2023, providing a comprehensive analysis by region and market sector of projected Automotives Handwheel Actuator sales for 2024 through 2030. With Automotives Handwheel Actuator sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotives Handwheel Actuator industry.
This Insight Report provides a comprehensive analysis of the global Automotives Handwheel Actuator landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotives Handwheel Actuator portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Automotives Handwheel Actuator market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotives Handwheel Actuator and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotives Handwheel Actuator.
United States market for Automotives Handwheel Actuator is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Automotives Handwheel Actuator is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Automotives Handwheel Actuator is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Automotives Handwheel Actuator players cover Bosch Mobility, Schaeffler, Nexteer, Allied Motion, KYB Corporation, etc. In terms of revenue, the global two largest companies occupied for a share nearly
% in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotives Handwheel Actuator market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Electric Power Steering Actuator
Hydraulic Power Steering Actuator
Other
Segmentation by Application:
Passenger Cars
Commercial Vehicles
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Bosch Mobility
Schaeffler
Nexteer
Allied Motion
KYB Corporation
Mando Corporation
NSK Steering Systems
Shanghai Fangke Auto Parts
Key Questions Addressed in this Report
What is the 10-year outlook for the global Automotives Handwheel Actuator market?
What factors are driving Automotives Handwheel Actuator market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Automotives Handwheel Actuator market opportunities vary by end market size?
How does Automotives Handwheel Actuator break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.